Jan 3, 2013

Marketplace Morning Report for Thursday, January 3, 2013

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Along with death and taxes, finding ways to avoid taxes is a fact of life. Can wealthy taxpayers blunt the impact of the first rate increase in years? People from all backgrounds weigh in on what makes a person wealthy.…

Segments From this episode

Al Jazeera buys U.S. news channel Current TV

Jan 3, 2013
Estimates are Al Jazeera will pay $500 million for Current. In exchange, Al Jazeera will get access to about 40 million homes in the U.S.

Housing market to gradually move up in 2013

Jan 3, 2013
Marketplace Economics Correspondent Chris Farrell says there is one bright economic spot to look forward to in the coming year: the housing market.

Hillary Clinton, Barack Obama voted most admired in 2012

Jan 3, 2013
As you look back at 2012, who did you most admire? Was it an Olympian? A musician? A business leader?

Are new laws needed to protect against paparazzi?

Jan 3, 2013
Professional shutterbugs who take pictures of celebrities see no need for new laws following death of photographer.

Tax hikes prompt hunt for new tax shelters

Jan 3, 2013
Along with death and taxes, finding ways to avoid taxes is a fact of life. Can wealthy taxpayers blunt the impact of the first rate increase in years?
Tax forms from previous years are displayed in Oakland, California.
Justin Sullivan/Getty Images

Delay of federal Sandy relief package to squeeze state budgets

Jan 3, 2013
A $60 billion Sandy relief package passed the Senate in December, but House leadership reneged on its pledge to pass the bill before the end of the session.

Photos: You know you're wealthy when...

Jan 3, 2013
People from all backgrounds weigh in on what makes a person wealthy.

Report: Job cuts fall to lowest level since 1997

Jan 3, 2013
Last year saw the fewest job cuts since 1997 according to a report this morning from the job placement firm Challenger, Gray & Christmas.

Spam maker Hormel to buy Skippy peanut butter

Jan 3, 2013
The company best known for canned and deli meats is taking Skippy off the hands of the huge food conglomerate Unilever for a cool $700 million.

Poll: Majority of Americans see economic difficulty ahead for 2013

Jan 3, 2013
When asked if the next year will be one of prosperity or difficulty, 65 percent of those surveyed see difficulty in their future.

2012 a bumper year for U.S. carmakers

Jan 3, 2013
General Motors, Ford and Chrysler all saw significant gains in U.S. sales during 2012.

PODCAST: Spam spreads its wings, and 228 'boosts of goodness'

Jan 3, 2013
New data on auto sales shows bumper year for big three carmarkers. The cost delaying federal Superstorm Sandy relief. Al Jazeera is buying Current TV. And a company known for canned meat is spreading its wings.

Along with death and taxes, finding ways to avoid taxes is a fact of life. Can wealthy taxpayers blunt the impact of the first rate increase in years? People from all backgrounds weigh in on what makes a person wealthy. And what’s ahead for the housing market in 2013?

The team

Stephen Ryan Producer, BBC

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